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Rental market data · Toronto and the GTA

Average rent in Toronto and the GTA by area: apartments and condos

What purpose-built rental apartments and condo apartments rented out by their owners averaged in October 2025, zone by zone across Toronto’s districts, Mississauga, Brampton and York Region, from Canada Mortgage and Housing Corporation’s Rental Market Survey.

Survey zones
21
Source
CMHC, October 2025
Download
CSV
Condominium towers in downtown Toronto

What the tables show

Four readings

  1. In the City of Toronto, a rented condo two-bedroom averaged $2,942 in October 2025, against $2,055 in purpose-built rental apartments, 43% more. Both averages count occupied and vacant units, so neither is an asking rent.

  2. Among purpose-built apartments, the highest average rent across all sizes was in Mississauga (Northwest), at $2,155, and the lowest in Etobicoke (South), at $1,630.

  3. Vacancy in purpose-built apartments ran from 1.5% in Etobicoke (North) to 4.8% in Brampton (West). Rented condos ran lower, from 0.7% to 1.0%.

  4. Owners rented out 162,819 of the City of Toronto's 384,989 condo apartments, 42.3%.

Two-bedroom rent: rented condos against purpose-built rentalsCMHC's October 2025 averages for each area where it reports both. Both count occupied and vacant units.Purpose-built rentalRented condo
  • Etobicoke$2,031 Purpose-built rental$2,798 Rented condo
  • Scarborough$1,832 Purpose-built rental$2,532 Rented condo
  • North York$1,915 Purpose-built rental$2,794 Rented condo
  • City of Toronto$2,055 Purpose-built rental$2,942 Rented condo
  • Peel Region$2,013 Purpose-built rental$2,731 Rented condo
  • York Region$2,024 Purpose-built rental$2,845 Rented condo

Purpose-built rental apartments

Average rent and vacancy by CMHC survey zone

Each row is one of CMHC’s survey zones in the Toronto census metropolitan area, in zone order, with each city’s or region’s total after its zones. Rents average occupied and vacant units, so they include tenancies that began years ago. Each area links its property management page.

CMHC October 2025 purpose-built rental apartments by survey zone in Toronto and the GTA: units, vacancy in October 2025 and 2024, and average rents
AreaTwo-bedroom rentRent, all sizesVacancy, Oct 2025Vacancy, Oct 2024ZonesApartments
Former City of Toronto · City of Toronto$2,457$2,0423.2%3.1%1–4100,657
Etobicoke (South) · City of Toronto$1,762$1,6302.7%4.1%510,961
Etobicoke (Central) · City of Toronto$2,190$2,1411.9%1.6%616,476
Etobicoke (North) · City of Toronto$2,018$2,0661.5%1.1%75,298
York · City of Toronto$2,067$1,8643.3%3.4%818,195
East York · City of Toronto$1,820$1,7143.4%1.7%918,556
Scarborough (Central) · City of Toronto$1,839$1,7492.7%2.0%1018,250
Scarborough (North) · City of Toronto$1,784$1,7302.4%1.0%116,742
Scarborough (East) · City of Toronto$1,852$1,8161.9%1.1%1210,111
North York (Southeast) · City of Toronto$1,886$1,8202.8%2.1%1317,126
North York (Northeast) · City of Toronto$2,162$2,0782.4%1.1%1412,863
North York (Southwest) · City of Toronto$1,814$1,7282.8%2.9%159,631
North York (North Central) · City of Toronto$2,031$1,9802.2%1.1%1613,334
North York (Northwest) · City of Toronto$1,752$1,6982.6%1.1%1720,601
City of Toronto$2,055$1,9122.8%2.3%1–17278,801
Mississauga (South) · Peel Region$1,942$1,8233.5%5.6%1812,439
Mississauga (Northwest) · Peel Region$2,280$2,1554.2%2.8%193,916
Mississauga (Northeast) · Peel Region$1,967$1,8784.3%2.7%2012,021
Mississauga$2,005$1,8983.9%4.1%18–2028,376
Brampton (West) · Peel Region$2,058$1,9634.8%3.8%216,772
Brampton (East) · Peel Region$1,993$1,9073.8%1.6%224,588
Brampton$2,032$1,9404.4%2.9%21–2211,360
Richmond Hill, Vaughan and King · York Region$1,827$1,7262.4%2.4%252,413
Markham · York Region$1,996$1,942Not shown2.0%271,589
York Region$2,024$1,930Not shown2.3%All6,380

“Not shown” means CMHC suppressed the estimate or rated it poor. Zone 25 covers Richmond Hill, Vaughan and King together. Scarborough, North York, Etobicoke, York and East York are parts of the City of Toronto.

Rented condominium apartments

Condos rented out by their owners, beside purpose-built rentals

CMHC also surveys condo apartments that their owners rent out, in larger areas than the zones above. Where CMHC reports purpose-built rentals for the same area, their two-bedroom average is shown beside the condo one.

CMHC October 2025 rented condominium apartments by area: condo apartments, how many were rented and what share, vacancy and average rents, with the purpose-built two-bedroom average for the same area
AreaTwo-bedroom condo rentCondo rent, all sizesPurpose-built two-bedroomVacancy, Oct 2025Share rentedRented outCondo apartments
Former City of Toronto, York and East York$3,161$2,904Not reported for this area1.0%49.0%104,774213,726
Etobicoke$2,798$2,653$2,0310.7%35.9%15,46143,061
Scarborough$2,532$2,496$1,8321.0%26.5%10,61039,989
North York$2,794$2,695$1,9150.7%37.5%33,07188,213
City of Toronto$2,942$2,782$2,0550.9%42.3%162,819384,989
Peel Region$2,731$2,599$2,0131.0%34.9%20,37358,346
York Region$2,845$2,667$2,0240.8%33.1%20,89463,091

Source: CMHC Rental Market Survey, October 2025, Toronto CMA data tables published December 2025 (CMHC): purpose-built apartments, Tables 1.1.1 to 1.1.3; rented condominium apartments, Tables 4.1.1 to 4.3.1. The same figures appear on each area’s property management page. For the rest of Ontario, see the Ontario rental market by city.

From market data to your rental

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